Tuesday, September 27, 2016

US Housing Market Moving Further into 'Buy Territory'

According to the latestBeracha, Hardin & Johnson Buy vs. Rent (BH&J) Index,
the U.S. housing market has continued to move deeper into buy
territory, supporting the belief that housing markets across the country
remain a sound investment.
The BH&J Index is a quarterly report that attempts to answer the question:

In today's housing market, is it better to rent or buy a home?

The index examines the entire US housing market and then isolates 23 major cities for comparison. The researchers "measure
the relationship between purchasing property and building wealth
through a buildup in equity versus renting a comparable property and
investing in a portfolio of stocks and bonds."
Ken Johnson, Ph.D., Real Estate Economist & Professor at Florida Atlantic University, and one of the index's authors explains that:

"Housing prices, in general, continue to slow and when considered in
light of the recent trends in the Buy vs. Rent Index signal that
ownership remains an excellent investment for the majority of
Americans."

While 15 of the 23 metropolitan markets examined moved further into buy
territory since last quarter, Dallas, Denver, and Houston are three of
the major cities that are currently deep into rent territory. In these
three markets, it is estimated that renting will top homeownership 7 out
of 10 times.
Eli Beracha, Ph.D., Assistant Professor in the T&S Hollo School of Real Estate at FIU, believes that, in these three markets, the "strong
odds in favor of renting to create more wealth should begin to have an
impact on the demand for home ownership and from that, impact property
prices in these areas."
Simply put, home prices in these areas will begin to return to more
normal levels once residents realize that renting may be a better
choice, therefore bringing home affordability back as well.

Bottom Line

The majority of the country is strongly in buy territory. Buying a home
makes sense socially and financially. Rents are predicted to increase
substantially in the next year. Protect yourself from rising rents by
locking in your housing cost with a mortgage payment now.
To Find Out More About the Study: The BH&J Index
and other FAU real estate activities are sponsored by Investments
Limited of Boca Raton. The BH&J Index is published quarterly and is
available online at http://business.fau.edu/buyvsrent. #jamesonsothebys#premiersothebys

Professional Real Estate Brokerage Recommendations

LinkedIn Recommendations: "Ron, you knocked it out of the park selling our place in TWO DAYS! Your wisdom on staging and strategy and pricing were invaluable and were absolutely what made it all happen, and in this market. You were fantastic and so attentive to detail through the whole post-offer process leading up to close. We were braced for this to be a long, arduous, and disappointing process, and because of you that couldn't have been further from the truth. You are the best -- THANK YOU!!

“Ron is a great negotiator; and extremely creative in finding ways to get the deal done. I recommend him to anyone wishing to buy or sell real estate.”

"I've had the opportunity to with Ron as well as recommend Ron to some of our clients for their real estate needs. I highly recommend Ron for his integrity, genuine concern for his clients and most importantly - great results!"

“Ron helped me buy and sell two homes in Chicago and I don't think we could have done it without him. His attention to detail, knowledge of the real estate market and industry and creative advice to get the best deal are second-to-none. I would recommend Ron to anyone looking for a real estate agent who will be honest with you and tell you all the detailed facts in order to make an educated buying or selling decision.”

Top qualities: Personable , Expert , High Integrity

“When it comes to buying or selling real estate I believe it will save time and money by enlisting the full services of a competent agent. I can personally recommend Ron Goldstein. Ron is experienced, very good at marketing, and knows how to utilize the best available resources to get the job done.”

“I have worked on a number of real estate transactions with Ron and have always found him to be very professional, prompt, and knowledgeable.”

“Ron is a true professional. He is a very dedicated and determined business man. His service to his clients is exceptional. He gives 110% of himself to every transaction. Ron is a self-motivator, self-efficient, reliable agent. Ron's professionalism starts with his image and ends with his work.”

Top qualities: Great Results, Personable, Expert

“If you want to work with a true professional and with someone who knows the real-estate market then I would highly recommend Ron. I purchased my house last summer and he was able to negotiate a better deal than I had expected.”

“Ron is a detail oriented Broker. He has been diligent and as active and complete a Senior Real Estate Broker as I have every known or worked with when the need eas for me, personally.

“Ron's knowledge of the real estate industry is both broad and deep, and he continuously seeks to build on this with additional training and education. His energy and creativity have contributed to his success and make him the perfect choice for anyone looking to buy or sell in today's market. I'd recommend him without hesitation!”

"I have worked for Ron's clients on several occasions inspecting their homes or condos. I have found him to be very knowlegable and always well informed about the process and the properties he is working on with his clients. He has been very responsive to my inquiries about aspects of the properties when I posed questions.Our relationship is totally professional and has been ongoing since we met years ago while doing an inspection for a client of his who had hired me. Since then Ron has hired me to inspect properties he purchased as well as has recomended me to his clients.He also has a good sense of humor, that makes a difference."

Certified EcoBroker

14 Ways to Cut Your Homes CO2 Output and Save $$ Green

About Me

As an exclusive senior broker for the last 16 years
representing buyers, sellers, investors and developers, I am dedicated to
providing high quality service in the Chicago (city and suburbs) and
Tampa Bay area (St. Pete to Sarasota) as well as exposure on a global level for
your property. I am a Luxury Collection™ Specialist and possess an intimate
knowledge of the local market.

I will be your trusted advisor throughout your real estate
acquisition and disposition process. I understand that real estate,
regardless of its price range, reflects the incalculable value of the life
lived within. Inviting…Savvy…Discreet...Refined…

Artfully Uniting Extraordinary People with Extraordinary
Lives!

Renaissance man.carpe diem-motto in life and business.broker of residential .commcl properties of distinction.Aquarian.Fitness/cooking enthusiast.Singer/Actor